U.S. Granted Utility Patents Originating in Kendall County, TX
PATENTCOUNTY48259 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.00
Year-over-Year Change
600.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Kendall County, Texas. It provides insights into the innovative activity and technological development in this local area.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Granted Utility Patents Originating in Kendall County, TX series measures the volume of successful patent applications filed by inventors and companies located within Kendall County. This metric is used by economists and policymakers to assess the region's capacity for innovation and commercialization of new technologies.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
This trend is relevant for understanding regional economic competitiveness and the drivers of technological progress.
Key Facts
- Kendall County, TX had 152 utility patents granted in 2021.
- Patents are a key indicator of technological and scientific advancement.
- Patent data provides insights into the competitiveness of local economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Kendall County, Texas. It provides insights into the innovative activity and technological development in this local area.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding regional economic competitiveness and the drivers of technological progress. Patent data is a key indicator of innovation, which is crucial for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the innovative capacity and technological development of the Kendall County region, which can inform decisions around economic development, investment, and support for research and innovation.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of patent data, as the process of application, review, and granting can take time. Additionally, the data is limited to utility patents and does not capture other forms of intellectual property protection.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Kendall County, TX (PATENTCOUNTY48259), retrieved from FRED.